BurgerFi International, Inc. CEO, Carl Bachmann Invests in Company
July 12 2023 - 8:15AM
On Carl J. Bachmann’s first day as Chief Executive Officer of
BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or
the “Company”), owner of leading fast-casual brand BurgerFi and the
casual dining pizza brand Anthony’s Coal Fired Pizza & Wings,
he announced that he has become one of the largest individual
management team investors in the company.
“I want to signal to our employees, franchisees,
and existing investors, my belief and commitment to our brand. I
can think of no better way to do so than acquiring shares in the
company,” said Carl Bachmann, CEO of BurgerFi International,
Inc.
Bachmann purchased 63,500 shares of BurgerFi
common stock (Nasdaq: BFI) in an open market transaction.
“We believe strongly in our senior management team
and their passion for our brands,” said Ophir Sternberg, Executive
Chairman of BurgerFi and Founder & CEO of Lionheart Capital. “I
am excited for the new leadership direction and Carl’s vision to
further build best-in-class brands.”
Prior to joining BurgerFi, Bachmann served as
President for Smashburger, the Denver-based chain that specializes
in custom burgers.
For more information about BurgerFi, visit
www.BurgerFi.com. To learn more about Anthony’s, visit
www.acfp.com.
About BurgerFi International (Nasdaq: BFI,
BFIIW) BurgerFi is chef-founded and committed to serving
fresh, all-natural and quality food at all locations, online and
via first-party and third-party deliveries. BurgerFi uses 100%
American Angus Beef with no steroids, antibiotics, growth hormones,
chemicals or additives. BurgerFi's menu also includes high quality
Wagyu Beef Blend Burgers, Antibiotic and Cage-Free Chicken
offerings, Fresh, Hand-Cut Sides, and Frozen Custard Shakes and
Concretes. BurgerFi was named “The Very Best Burger” at the 2023
edition of the nationally acclaimed SOBE Wine and Food Festival,
"Best Fast Casual Restaurant" in USA Today's 10 Best 2022 Readers’
Choice Awards for the second consecutive year, QSR Magazine's
Breakout Brand of 2020 and Fast Casual's 2021 #1 Brand of the Year.
Consumer Report's Chain Reaction Report awarded BurgerFi an
"A-Grade Angus Beef" rating in 2018. In 2021, Consumer Report
praised BurgerFi for serving "no antibiotic beef" across all its
restaurants for the third consecutive year. To learn more about
BurgerFi or to find a full list of locations, please visit
www.burgerfi.com. Download the BurgerFi App on iOS or Android
devices for rewards and 'Like' or follow @BurgerFi on Instagram,
Facebook and Twitter. BurgerFi® is a Registered Trademark of
BurgerFi IP, LLC.
About Anthony's Coal Fired Pizza &
Wings Anthony's Coal Fired Pizza & Wings was acquired
by BurgerFi International Inc. (Nasdaq: BFI, BFIIW), on November 3,
2021 and is a premium pizza and wings brand that operates 60
corporate-owned casual restaurant locations. Known for serving
fresh, never frozen and quality ingredients, Anthony's is centered
around a 900-degree coal fired oven with menu offerings including
"well-done" pizza, coal fired chicken wings, homemade meatballs,
and a variety of handcrafted sandwiches and salads. Anthony's was
named "The Best Pizza Chain in America" by USA Today's Great
American Bites and "Top 3 Best Major Pizza Chain" by Mashed in
2021. To learn more about Anthony's, please visit www.acfp.com.
Forward-Looking Statements This press release may
contain “forward-looking statements” as defined in the Private
Securities Litigation Reform Act of 1995, including statements
relating to BurgerFi’s estimates of its future business outlook,
prospects or financial results, including potential growth, as well
as the future employment of Mr. Bachmann. Forward-looking
statements generally can be identified by words such as
“anticipates,” “believes,” “estimates,” “expects,” “intends,”
“plans,” “predicts,” “projects,” “will be,” “will continue,” “will
likely result,” and similar expressions. These forward-looking
statements are based on current expectations and assumptions that
are subject to risks and uncertainties, which could cause our
actual results to differ materially from those reflected in the
forward-looking statements. Factors that could cause or contribute
to such differences include, but are not limited to, those
discussed in our Annual Report on Form 10-K for the year ended
January 3, 2023, and those discussed in other documents we file
with the Securities and Exchange Commission. All subsequent written
and oral forward-looking statements attributable to BurgerFi or
persons acting on BurgerFi’s behalf are expressly qualified in
their entirety by the cautionary statements included in this press
release. We undertake no obligation to revise or publicly release
the results of any revision to these forward-looking statements,
except as required by law. Given these risks and uncertainties,
readers are cautioned not to place undue reliance on such
forward-looking statements.
Investor Relations: ICR Michaele Michalski
IR-BFI@icrinc.com 646-277-1224
Company Contact: BurgerFi International Inc.
IR@burgerfi.com
Media Relations Contact: Ink Link Marketing Kim
Miller kmiller@inklinkmarketing.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/95647780-8106-464a-80e9-9beb3051c3a2
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